Job Description

4 - 7 Years
1 Opening
Bengaluru, Kolkata

Role description

As a Fund Accounting Manager, you will be responsible for overseeing the Fund's NAV production and fund financial reporting, maintenance of the internal control environment, the internal and external audit process, as well as the treasury function. Fund structures could include but not limited to hedge funds, private equity funds, private debt funds, and real estate funds. You will collaborate with Fund Accountants and cross function experienced professionals.

Your day-to-day may include:

Responsible for the month-end and quarterly NAV, including the pricing, financial reporting, and accounting of the Fund



Coordinate and lead the Fund audit process working directly with external auditors to meet necessary reporting deadlines



Manage and account for partnership transactions, including completing waterfall and carried interest calculations



Manage and account for purchase and sales transactions through their life cycles



Ensure that the Fund and its investments are treated for in accordance with US GAAP and other local GAAP as required



Analytically review monthly/quarterly investment and fund performance data to measure historical performance to forecast future fund performance



Produce cash flow, total rate of return and profitability analysis to support portfolio managers



Prepare and monitor covenants and report to management on overall debt position



Track tax strategies and ensure appropriate application within the fund and its investments



Maintain an excellent and collaborative relationship with internal and external partners



Lead the identification and implementation of process and system enhancements



Seek to introduce automation and standardization to create a strong control environment



Manage, develop, train, coach and mentor staff on projects and assess performance for engagement and year-end reviews



Meet or exceed targeted billing hours (utilization)



Other duties as assigned

Skills

CA/CPA/Bachelor's degree in Accounting required



Minimum 5 years of experience collaborating with other Fund Accountants and cross function experienced professionals required



Thorough knowledge of investment fund software such as Investran, Geneva, OneSource, DFIN Arc Reporting, etc.



Thorough experience with complex investment and fund structures (master funds, blocker and standalone entities, feeder funds, liquidated funds, and newly commenced funds)



Experience working with Fund Portfolio Managers and Controllers

About Grant Thornton INDUS

'Grant Thornton INDUS' comprises GT U.S. Shared Services Center India Pvt Ltd and Grant Thornton U.S. Knowledge and Capability Center India Pvt Ltd. Grant Thornton INDUS is the shared services center supporting the operations of Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd. Established in 2012, Grant Thornton INDUS employs professionals across a wide range of disciplines including Tax, Audit, Advisory, and other operational functions. What sets us apart isn't just what we do - it's how we do it. We support and enable the firm's purpose of making business more personal and building trust into every result. We're collaborators - obsessed with quality and ready for anything - who understand the value of strong relationships. Our professionals are well integrated to seamlessly support the U.S. engagement teams, help increase Grant Thornton's access to a wide talent pool, and improve operational efficiencies. Empowered people, bold leadership, and distinctive client service are imbibed in the culture at Grant Thornton INDUS. We are a transparent, competitive, and excellence-driven firm that offers an opportunity to be part of something significant. In addition, professionals at Grant Thornton INDUS serve communities in India through inspirational and generous services to give back to the communities they work in. Grant Thornton INDUS has its offices in two locations in India - Bengaluru and Kolkata